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Side-by-side financial comparison of iHeartMedia, Inc. (IHRT) and WEX Inc. (WEX). Click either name above to swap in a different company.

iHeartMedia, Inc. is the larger business by last-quarter revenue ($1.1B vs $652.7M, roughly 1.7× WEX Inc.). WEX Inc. runs the higher net margin — 10.1% vs -3.7%, a 13.8% gap on every dollar of revenue. On growth, iHeartMedia, Inc. posted the faster year-over-year revenue change (0.8% vs -3.1%). iHeartMedia, Inc. produced more free cash flow last quarter ($137.6M vs $-9.2M). Over the past eight quarters, iHeartMedia, Inc.'s revenue compounded faster (18.8% CAGR vs 16.8%).

iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

IHRT vs WEX — Head-to-Head

Bigger by revenue
IHRT
IHRT
1.7× larger
IHRT
$1.1B
$652.7M
WEX
Growing faster (revenue YoY)
IHRT
IHRT
+3.9% gap
IHRT
0.8%
-3.1%
WEX
Higher net margin
WEX
WEX
13.8% more per $
WEX
10.1%
-3.7%
IHRT
More free cash flow
IHRT
IHRT
$146.8M more FCF
IHRT
$137.6M
$-9.2M
WEX
Faster 2-yr revenue CAGR
IHRT
IHRT
Annualised
IHRT
18.8%
16.8%
WEX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IHRT
IHRT
WEX
WEX
Revenue
$1.1B
$652.7M
Net Profit
$-41.9M
$65.8M
Gross Margin
Operating Margin
7.6%
25.2%
Net Margin
-3.7%
10.1%
Revenue YoY
0.8%
-3.1%
Net Profit YoY
-233.1%
-15.3%
EPS (diluted)
$-0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IHRT
IHRT
WEX
WEX
Q1 26
$652.7M
Q4 25
$1.1B
$465.1M
Q3 25
$997.0M
$481.6M
Q2 25
$933.7M
$454.4M
Q1 25
$807.1M
$444.3M
Q4 24
$1.1B
$440.3M
Q3 24
$1.0B
$479.0M
Q2 24
$929.1M
$478.6M
Net Profit
IHRT
IHRT
WEX
WEX
Q1 26
$65.8M
Q4 25
$-41.9M
$84.2M
Q3 25
$-66.3M
$80.3M
Q2 25
$-83.5M
$68.1M
Q1 25
$-281.2M
$71.5M
Q4 24
$31.5M
$63.9M
Q3 24
$-41.3M
$102.9M
Q2 24
$-981.7M
$77.0M
Gross Margin
IHRT
IHRT
WEX
WEX
Q1 26
Q4 25
39.0%
Q3 25
43.0%
Q2 25
40.0%
Q1 25
39.2%
Q4 24
41.5%
Q3 24
48.0%
Q2 24
44.9%
Operating Margin
IHRT
IHRT
WEX
WEX
Q1 26
25.2%
Q4 25
7.6%
35.7%
Q3 25
-11.7%
38.1%
Q2 25
3.8%
34.5%
Q1 25
-3.2%
35.4%
Q4 24
9.3%
35.7%
Q3 24
7.6%
41.0%
Q2 24
-97.9%
35.1%
Net Margin
IHRT
IHRT
WEX
WEX
Q1 26
10.1%
Q4 25
-3.7%
18.1%
Q3 25
-6.6%
16.7%
Q2 25
-8.9%
15.0%
Q1 25
-34.8%
16.1%
Q4 24
2.8%
14.5%
Q3 24
-4.1%
21.5%
Q2 24
-105.7%
16.1%
EPS (diluted)
IHRT
IHRT
WEX
WEX
Q1 26
Q4 25
$-0.25
$2.38
Q3 25
$-0.43
$2.30
Q2 25
$-0.54
$1.98
Q1 25
$-1.84
$1.81
Q4 24
$0.21
$1.60
Q3 24
$-0.27
$2.52
Q2 24
$-6.50
$1.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IHRT
IHRT
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$270.9M
$780.0M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$-1.8B
Total Assets
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHRT
IHRT
WEX
WEX
Q1 26
$780.0M
Q4 25
$270.9M
$5.2B
Q3 25
$192.2M
$4.9B
Q2 25
$235.9M
$4.9B
Q1 25
$167.7M
$4.4B
Q4 24
$259.6M
$4.4B
Q3 24
$431.8M
$4.3B
Q2 24
$364.7M
$4.0B
Total Debt
IHRT
IHRT
WEX
WEX
Q1 26
Q4 25
$5.1B
Q3 25
$5.1B
Q2 25
$5.1B
Q1 25
$5.1B
Q4 24
$5.1B
Q3 24
$5.2B
Q2 24
$5.2B
Stockholders' Equity
IHRT
IHRT
WEX
WEX
Q1 26
Q4 25
$-1.8B
$1.2B
Q3 25
$-1.8B
$1.1B
Q2 25
$-1.7B
$978.7M
Q1 25
$-1.6B
$810.4M
Q4 24
$-1.4B
$1.5B
Q3 24
$-1.4B
$1.7B
Q2 24
$-1.4B
$1.8B
Total Assets
IHRT
IHRT
WEX
WEX
Q1 26
Q4 25
$5.1B
$14.4B
Q3 25
$5.1B
$14.4B
Q2 25
$5.4B
$14.7B
Q1 25
$5.3B
$14.0B
Q4 24
$5.6B
$13.3B
Q3 24
$5.8B
$14.0B
Q2 24
$5.8B
$14.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IHRT
IHRT
WEX
WEX
Operating Cash FlowLast quarter
$156.3M
Free Cash FlowOCF − Capex
$137.6M
$-9.2M
FCF MarginFCF / Revenue
12.2%
-1.4%
Capex IntensityCapex / Revenue
1.7%
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$10.9M
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHRT
IHRT
WEX
WEX
Q1 26
Q4 25
$156.3M
$294.7M
Q3 25
$-9.5M
$376.6M
Q2 25
$6.8M
$264.6M
Q1 25
$-60.9M
$-481.6M
Q4 24
$1.2M
$638.4M
Q3 24
$102.8M
$3.3M
Q2 24
$26.7M
$-7.0M
Free Cash Flow
IHRT
IHRT
WEX
WEX
Q1 26
$-9.2M
Q4 25
$137.6M
$256.3M
Q3 25
$-32.8M
$341.6M
Q2 25
$-13.2M
$230.0M
Q1 25
$-80.7M
$-514.2M
Q4 24
$-24.2M
$599.7M
Q3 24
$73.3M
$-31.7M
Q2 24
$5.6M
$-46.6M
FCF Margin
IHRT
IHRT
WEX
WEX
Q1 26
-1.4%
Q4 25
12.2%
55.1%
Q3 25
-3.3%
70.9%
Q2 25
-1.4%
50.6%
Q1 25
-10.0%
-115.7%
Q4 24
-2.2%
136.2%
Q3 24
7.3%
-6.6%
Q2 24
0.6%
-9.7%
Capex Intensity
IHRT
IHRT
WEX
WEX
Q1 26
5.2%
Q4 25
1.7%
8.3%
Q3 25
2.3%
7.3%
Q2 25
2.1%
7.6%
Q1 25
2.4%
7.3%
Q4 24
2.3%
8.8%
Q3 24
2.9%
7.3%
Q2 24
2.3%
8.3%
Cash Conversion
IHRT
IHRT
WEX
WEX
Q1 26
Q4 25
3.50×
Q3 25
4.69×
Q2 25
3.89×
Q1 25
-6.74×
Q4 24
0.04×
9.99×
Q3 24
0.03×
Q2 24
-0.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IHRT
IHRT

Broadcast Radio$469.9M42%
Digital Non Podcast$212.9M19%
Tradeand Barter Transactions$124.4M11%
Networks$118.2M10%
Audio And Media Services Group Segment$78.9M7%
Sponsorship And Events$71.4M6%
Advertising Trade And Barter Transactions$23.7M2%
Other$22.7M2%

WEX
WEX

Segment breakdown not available.

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